KT&G Posts Q3 Revenue of KRW 1.64 Trillion and Operating Profit of KRW 415.7 Billion, Also Promising Additional Shareholder Returns
KT&G reported strong Q3 2024 financial results with consolidated revenue of KRW 1.636 trillion and operating profit of KRW 415.7 billion, up 2.2% year-on-year. The company's three core businesses achieved record-high quarterly revenue exceeding KRW 1 trillion. The tobacco business revenue reached KRW 1.0478 trillion, up 7.7%, with operating profit growing 23.6% to KRW 333 billion. Overseas cigarette revenue surged 30.5% to KRW 419.7 billion. The company announced a Corporate Value-up Plan targeting 15% ROE by 2027 and additional shareholder returns, including KRW 150 billion share cancellation in 2024.
KT&G ha riportato risultati finanziari solidi per il terzo trimestre del 2024, con ricavi consolidati di 1,636 trilioni di KRW e un profitto operativo di 415,7 miliardi di KRW, in aumento del 2,2% rispetto all'anno precedente. I tre core business dell'azienda hanno raggiunto un fatturato trimestrale record superando il trilione di KRW. I ricavi del settore tabacco hanno raggiunto 1,0478 trilioni di KRW, con un incremento del 7,7%, mentre il profitto operativo è cresciuto del 23,6%, toccando i 333 miliardi di KRW. I ricavi delle sigarette all'estero hanno registrato un aumento del 30,5%, arrivando a 419,7 miliardi di KRW. L'azienda ha annunciato un Piano di Valorizzazione Aziendale mirato a un ROE del 15% entro il 2027, insieme a ulteriori ritorni per gli azionisti, che includono un annullamento di azioni per 150 miliardi di KRW nel 2024.
KT&G reportó resultados financieros sólidos para el tercer trimestre de 2024, con ingresos consolidados de 1.636 billones de KRW y un beneficio operativo de 415,7 mil millones de KRW, un aumento del 2,2% en comparación con el año anterior. Los tres negocios centrales de la compañía lograron ingresos trimestrales récord que superan el billón de KRW. Los ingresos del negocio tabacalero alcanzaron 1.0478 billones de KRW, un incremento del 7,7%, mientras que el beneficio operativo creció un 23,6% hasta 333 mil millones de KRW. Los ingresos por exportaciones de cigarrillos aumentaron un 30,5% hasta 419,7 mil millones de KRW. La empresa anunció un Plan de Aumento de Valor Corporativo que tiene como objetivo un ROE del 15% para 2027 y retornos adicionales para los accionistas, incluyendo la cancelación de acciones por 150 mil millones de KRW en 2024.
KT&G는 2024년 3분기 재무 결과를 발표하며, 합병 수익은 1.636조 원, 운영 수익은 4,157억 원으로 전년 대비 2.2% 증가했다고 보고했습니다. 회사의 세 가지 핵심 사업 부문은 1조 원을 초과하는 분기 매출 기록을 세웠습니다. 담배사업 부문의 수익은 1.0478조 원에 달하며, 이는 7.7%의 증가율을 보였고 운영 수익은 23.6% 증가하여 3,330억 원에 달했습니다. 해외 담배 수익은 30.5% 증가하여 4,197억 원에 이르렀습니다. 회사는 2027년까지 15% ROE를 목표로 하는 기업 가치 증대 계획을 발표하였으며, 2024년에는 1,500억 원의 주식 매입을 포함한 추가 주주 환원이 있을 예정입니다.
KT&G a annoncé de solides résultats financiers pour le troisième trimestre 2024, avec des revenus consolidés de 1,636 trillion de KRW et un bénéfice opérationnel de 415,7 milliards de KRW, en hausse de 2,2% par rapport à l'année précédente. Les trois secteurs clés de l'entreprise ont atteint des revenus trimestriels record dépassant 1 trillion de KRW. Les revenus du secteur du tabac ont atteint 1,0478 trillion de KRW, avec une augmentation de 7,7%, et le bénéfice opérationnel a crû de 23,6% pour atteindre 333 milliards de KRW. Les revenus des cigarettes à l'étranger ont bondi de 30,5% pour atteindre 419,7 milliards de KRW. L'entreprise a annoncé un Plan de Valorisation d'Entreprise visant un ROE de 15% d'ici 2027, ainsi que des retours supplémentaires pour les actionnaires, incluant l'annulation de 150 milliards de KRW d'actions en 2024.
KT&G berichtete von soliden Finanzergebnissen für das dritte Quartal 2024 mit einem konsolidierten Umsatz von 1,636 Billionen KRW und einem operativen Gewinn von 415,7 Milliarden KRW, was einem Anstieg von 2,2% im Vergleich zum Vorjahr entspricht. Die drei Kernbereiche des Unternehmens erzielten einen Rekordumsatz von über 1 Billion KRW im Quartal. Der Umsatz des Tabakgeschäfts erreichte 1,0478 Billionen KRW, ein Anstieg von 7,7%, während der operative Gewinn um 23,6% auf 333 Milliarden KRW wuchs. Der Umsatz mit Zigaretten im Ausland stieg um 30,5% auf 419,7 Milliarden KRW. Das Unternehmen kündigte einen Unternehmenswertsteigerungsplan an, der einen ROE von 15% bis 2027 anstrebt, sowie zusätzliche Ausschüttungen an die Aktionäre, einschließlich des Rückkaufs von Aktien im Wert von 150 Milliarden KRW im Jahr 2024.
- Q3 operating profit increased 2.2% YoY to KRW 415.7 billion
- Tobacco business revenue grew 7.7% with operating profit up 23.6%
- Overseas cigarette revenue surged 30.5% with sales volume up 10.1%
- Announced KRW 150 billion share buyback and cancellation plan
- Set target for 15% ROE by 2027
- None.
- Achieved record-high quarterly revenue from the 3 core businesses and the tobacco business, including overseas cigarettes
- Also announced the Corporate Value-up Plan, including an additional
KRW 150 billion share cancellation for 2024 and ROE target of15% by 2027
KT&G's consolidated revenue for the third quarter was
The growth trend centered on the main business continued in the third quarter. Revenue of the 3 core growth businesses, namely overseas cigarettes, Next Generation Products (NGP), and health-functional foods exceeded
In the tobacco business, growth was particularly strong in overseas cigarettes. In the third quarter, revenue of the overseas cigarette business reached
On the same day, KT&G also announced an upgraded KT&G Corporate Value-up Plan, which aims to achieve
Since the appointment of CEO Kyung Man Bang in March, KT&G has been focusing on strengthening its global-oriented intrinsic competitiveness and upgrading the group's financial structure in order to take a leap to become a 'Global Top-tier' company. In particular, the company has been prioritizing the group's ROE enhancement project, which is based on the three pillars of profitability improvement, asset efficiency, and financial optimization, and plans to achieve '
Under the new corporate value-up plan, shareholder return will also be expanded in 2024. On this day, KT&G's board of directors resolved to repurchase 1.35 million shares with
KT&G's spokesperson said, "We are in full swing in creating results by strengthening our business structure centered on our core business and upgrading our financial structure to become a 'Global Top-tier' company." "We will continue to focus our resources and capabilities on our 3 core businesses to strengthen our intrinsic competitiveness and return the fruits of our achievements to our shareholders to achieve true value-up where corporate value and shareholder value grow together."
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SOURCE KT&G Corporation
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